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Brazil propels LatAm’s oil market while Mexico and Colombia face uncertainties

Brazil propels LatAm's oil market, while Mexico and Colombia face uncertainties. Fitch Ratings' recent report reveals contrasting fortunes in Latin America's oil sector.

The report suggests that Brazilian companies are expected to expand, realizing synergies and achieving economies of scale.

In contrast, Colombian energy and oil firms are anticipated to face rising costs due to diminishing reserves.

Petrobras' recent divestments have created opportunities for new low-cost producers like Subscribe to our Premium Membership Plan. Already Subscribed?

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